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Thursday, February 15, 2007
Bhaskar Hazarika and R Jai Krishna
NEW DELHI: Global Telecom major Vodafone sees India as best served by 2G technology.
In an exclusive interaction Paul Donovan, CEO (Europe, Middle East and Asia Pacific), Vodafone Group, said, “The Indian market is best sited by the 2G technology. The company is looking forward offering entry-level handset to the Indian market.”
“We are looking forward to offer entry level handsets priced at $25. These handsets will be provided by a Chinese handset company,” he informed.
Arun Sarin, CEO Vodafone said that the company is planning to pump up $2 billion in the Indian market in the next two years to boost the telecom business. “We are going to be a leader in this market space,” he said. Speaking about the MoU with Bharti Airtel on infrastructure sharing Sarin said that the company is optimist about the strategy of infrastructure sharing.
“We are willing to share which in turn will reduce the investment of a operator. We are optimistic about more deals in this sector in India,” Sarin indicated.
However, he denied discussing the controversy with Ruias over the MoU signed with Bharti Airtel. He said that there are standard clauses in the deal and if there are any legal entangles, they would walk out. “We are here to stay for a longer duration, we are not going to walk out,” he added.
Speaking about the Hutch deal, he said that formalities of the entire deal will be completed by April 2007. Vodafone seeks 52 per cent equity share in the deal.
The company denied revealing the new brand name of the operator. But however, hinted that they are going to study the market and the subscribers opinion before taking a decision on it.
© CyberMedia News
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